Apple's Beats Owes $25 Million in Royalties to Early Developer
- Los Angeles jury returns verdict for an original designer
- Designer awarded royalties for Beats by Dr. Dre Studio models
Photographer: Andrew Harrer/Bloomberg
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Apple Inc.’s Beats Electronics owes $25 million in royalties to one of the early designers of the Beats by Dr. Dre headphones.
A jury in Los Angeles on Wednesday agreed with Steven Lamar that under a 2007 settlement with Beats’ founders, rapper Dr. Dre and Interscope Records’ Jimmy Iovine, he was entitled to a cut of the sales of the headphones that were based on the original Studio model.